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Another blow for electric vehicle drive as battery startup Northvolt lays off 1,600 workers
Swedish battery maker Northvolt said on Monday it was cutting a fifth of its workforce and scaling back expansion plans in response to "headwinds."
Northvolt to axe 1,600 jobs as Europe's EV hopes stall
Northvolt plans to cut 1,600 jobs at its base in Sweden, or about a fifth of its global workforce, as Europe's biggest hope in the electric vehicle battery market struggles with production problems, sluggish demand and competition from China.
Northvolt to Cut 1,600 Jobs in Sweden -- Update
STOCKHOLM--Troubled battery maker Northvolt will cut 1,600 jobs in Sweden, around 20% of its global workforce, confirming comments from earlier this month that job losses were expected following a period of aggressive expansion and as the global electric-vehicle market cools.
Northvolt to cut more than 20% of jobs in battle for survival
Europe’s leading battery maker is downsizing as it struggles to build up production amid a slowing shift to electric vehicles
Battery maker Northvolt to cut 1,600 jobs in Sweden
STOCKHOLM (Reuters) -Swedish battery maker Northvolt plans to lay off 1,600 employees in Sweden, or around one fifth of its global workforce, as slower than expected demand for electric vehicles takes a heavy toll on the auto industry.
Sweden’s Northvolt to Cut 20% of Staff Amid Financing Crunch
Swedish battery maker Northvolt AB will shed 20% of its headcount globally and suspend the expansion of its main factory in Northern Sweden to stem a financing crunch as electric-vehicle demand slows.
Northvolt announces 1,600 layoffs in Sweden, insists Quebec EV battery plant won't be affected
Swedish electric vehicle battery manufacturer Northvolt says construction of a $7-billion plant on Montreal's South Shore will proceed as planned, despite announcing on Monday its intention to lay off 1,
10h
Battery storage, grids needed to deliver UN goal to triple renewable energy, IEA says
Delivering on a goal set at last year's COP28 climate summit to triple renewable energy capacity by 2030 is feasible, but ...
3h
on MSN
Energy Park battery unit given green light
An energy storage facility has been approved despite claims from some opponents that it has the potential to “threaten the ...
22h
iPhone 16's 'Revolutionary' Battery Removal Process Shown in Video
Over the weekend, well-known repair website iFixit shared an iPhone 16 and iPhone 16 Plus teardown video, and an accompanying ...
Opinion
18h
Opinion
The U.S. Lost the Battery Race to China. Can It Make a Comeback?
For utilities, a battery farm that’s cheap to build and soaks up lots of inexpensive, or even negatively priced, electricity ...
Torque News
2h
Electric Car Battery Degradation Study Suggests Batteries Will Outlast Cars
Our knowledge on how to make batteries better continues to improve and the result is that we are finding that EV batteries ...
Science Daily
11h
New battery cathode material could revolutionize EV market and energy storage
A research team has developed a low-cost iron chloride cathode for all-solid-state lithium-ion batteries, which could significantly reduce costs and improve performance for electric vehicles and large ...
PC Magazine
13h
Lunar Lake First Tests: Intel's AI-Ready Core Ultra 2 Chip Posts Nearly 24-Hour Battery Life
We benchmarked a retail model Asus Zenbook S 14 with Intel's new and true AI-ready Lunar Lake platform and saw ...
1d
iPhone 16's 'shocking' new battery adhesive removal method is better than Android's
The iPhone 16 and 16 Plus feature a new battery adhesive that reacts to electrical current. Here’s what it looks like.
1d
Watch the iPhone 16’s electrically-charged battery replacement process
Fixit’s annual iPhone teardown shows how debond-on-demand adhesive works and the mechanics of Apple’s new Camera button.
AgWeb
17h
Jump-Starting Dead Battery With Portable Jump-Pack Has Never Been Easier
Portable jump-packs are essentially a high-capacity battery in a carrying case, sprouting short positive and negative battery ...
1d
See the iPhone 16’s game-changing battery removal process in new iFixit teardown
Only the iPhone 16 and iPhone 16 Plus have the new adhesive, and they’ve earned a 7/10 on iFixit’s repairability scale.
56m
Vital Battery Metals Commences Drilling at the Company’s Sting Copper Project
The Sting Copper Project covers approximately 12,700 hectares and hosts multiple historic Newfoundland and Labrador ...
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